On one hand, there are significant investments in AI in the US, particularly in the development of data centers. On the other hand, investment in traditional industries like manufacturing is lackluster.
“A gulf is opening up in the heart of American business as two industries championed as central to the country’s future — manufacturing and artificial intelligence — appear to be heading in different directions."
As AI-focused investments create significantly fewer jobs than investments in traditional industries, they could drastically impact the composition of the U.S. economy and its workforce.
↗ Two industries were supposed to drive America’s future. One is booming, the other slumping.